Question

Debra notes that theo chocolate has started holding its own operations to the same imo standards of fair trade to which it holds its suppliers. this type of sends a powerful message to employees and customers.

Answer 1

Theo Chocolate upholding fair trade standards imbibes ethical practices, nurturing equitable and sustainable relationships in the global trade system, highlighting the importance of fair trade in achieving corporate social responsibility and alignment with broader societal objectives.

Step-by-step explanation:

The concept under discussion here is fair trade and its application within a company's own operations, as well as its supply chain. By adhering to fair trade standards, Theo Chocolate is committing to ethical business practices that are typically designed to support sustainable development and offer better trading conditions to marginalized producers and workers in developing countries. This approach directly benefits farmers and their families by ensuring they receive fair prices and wages, contributing to community development and environmental sustainability.

By holding itself to the same International Fair Trade (IMO) standards it requires of its suppliers, Theo Chocolate sends a message that it values corporate social responsibility and is willing to participate actively in creating equitable global trade relationships. This has far-reaching implications on their brand, customer loyalty, and employee engagement, and also connects with wider societal goals like those outlined in the Sustainable Development Goals for improving conditions in developing countries.

Companies like Fairtrasa are highlighted as they not only emphasize fair trade but also the empowerment of women and sustainable agricultural practices. Thus, this discussion encompasses the impact of fair trade on ethical production, environmental considerations, and social benefits.

Answer 2

If the statement is asking whether the statement is true or false. The answer is true. It is because if Debra had noted the following in which she sends this message throughout the employees and customers, this will likely send a powerful message as the company establishes a fair trade in which is contributing to the society.